From 2024 to 2028, import forecasts for liquid dielectric transformers with a power handling capacity less than 650 kVA into Italy show a decreasing trend. The volume of imports is expected to decline from 3.6335 million kilograms in 2024 to 3.3026 million kilograms in 2028. This indicates a consistent year-on-year decrease, reflecting a shift in demand or substitution effects.
Year-on-year variation shows a gradual decline in import volume, pointing to market saturation or increased domestic production capabilities. The compound annual growth rate (CAGR) suggests a modest negative growth in this sector over the five-year period.
Future trends to watch include changes in Italy's renewable energy push, shifts in regulatory policies, advancements in local transformer technology, and global supply chain dynamics, impacting the demand and sourcing decisions in this industry.
